The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-03-25

leave the taxes on tobacco, sugar and clothing,
but take them off of coal and iron and the articles
made of iron. for which we have the greatest
supply of raw material, and off of lumber and
other materials which can be, and ought to be,
furnished from our forests. Without chart or
compass to guide them they would peck at and
derange. asitate and disturb the magnificent in
dustries built up by the Republican party, and
you good people of Tennessee, with unlimited
natural resources and abundant raw materials,
are expected to leave them all unde
veloped to favor Democratic success,
rather than support a Republican policy mani
testify in your interest. all because. forsooth.
the Repu oican party did not agree with some OF
you about slavery and the war, twenty five years
ago. You are expected to pull the cnestnuts out
of the fire in gratitude to a party in the North
for its sympathy with you in the war. into which
they encouraged You to enter and deserted you
in your extremity. And now Democratic ad-
ministration, elected by chance, relying upon
solid South, counting your electoral vote as
certain quantity, and absolutely Indifferent to
your interests, scheme and plan by the concen-
tration of patronage. and the free-trade IDEAS of
the great commercial city of New York, to carry
the State of New York for the Democratic tick
ct That party in New York combines the worst
elements OF political life in the Uniren States; all
the corruption fttingly represented by Boss
Tweed, the machine pohtics of the club, the for
eign interests OF free trade and, thus, with a
great majority in the city, they override the
voice and vote of the sturdy yeomanry of that
State, which, outside of the city. is strongly
Republican. In this way they would confne
your industries to the growth of cotton and keep
you out of the profitable development OF your re-
sources and prevent that natural affinity of ideas
and interests which formerly bound the great
central and Western States together. It is this
unholy alliance that we should break up by a
union of the manhood and patriotism of the
country North and South in the support of what
Henry Clay called tho American policy of de-
veloped industries and industrial improvements Is.
FINANCE AND NATIONAL EDUCATION.
''Take another question in which You are as
deeply interested as any portion of the people of
the United States, and that is the currency ques-
tion The Republican party has, for the first
time in its history, furnished the people of the
United States an admirable currency of uniform
value, composed of greenbacks, national bank
notes, coin certificates, gold and silver coin, all
equal to gold and equal to each other. These
measures were adopted from time to time,
and were finally perfected by the re-
sumption of specie payments in 1879.
Every measure proposed and adopted in regard
TO currency has been the work of the Republican
party, opposed tenaciously by the Democratic
party, ana vet every man of ordinary sense can
appreciate the enormous advantages which this
system has brought to u.s. Compare it with the
currency of the coed old Democratic times,
when silver and gold were scarcely known by
your peoples when your currency was in ragged
red-dog bank notes and shinplasters, easily
counterfeited, of local circulation and uncertain
values when exchange was against you and your
money at perpetual discount. Within a few
days have been in Cuba, and had an experience
with this kind Of money. gold dollar was
worth 100 cents, paper dollar was worth 40
cents, and intrlnscally worth nothing. Why is
it the Democratic party, in the Olden times,
when it had almost continuous power, could
not deal with the currency question: 1t was
simply because, from their narrow notions of the
powers of the national government, they would
not allow, or denied, the power of Congress to
provide national currency. The untold losses
by their system of finance to the people of all
the West can only be measured by hundreds Of
millions OF dollars. Our Democratic friends
were, no doubt, honest in their view of the
situation, but the result the common mis-
fortune of us all, and even now, enjoying all the
blessings of sound currency, they con-
stanty talking about fat money. cheap money.
il this kind of money was not, as it has always
proved to be. a mode by which the poor de
prived of the fruits Of their labor and the rich
fatten upon the profits of the exchange
"How do our Democratic friends now deal
with another money question: Republican ad-
illustrations thought one hundred and forty
millions enough maximum reserve in the Treas
ury for current expenditure and to main tain
specie payments In the campaign Of 1884 our
Democratic friends promised to disspate this
reserve-even promised to scatter enough money
among the people to buy each Democratic fami
ly two barrels of -four. They promised to cut
loose from the Shylocks of Wall street. What
has been the result of a Democratic victorya
The reserve has been constantly increased in
stead of diminished and at times the suplus
above all demands was over 5000 900, 5000. The
silver which our Democratic friends favored as
the cheaper form Of currency, which the gov
eminent bought at ST. an ounce and coined as
money at 81. % per ounce, was stored away in
vaults, instead of being represented and used in
e.
of gold coin and bullion, as previous
administrations had done Now, when an accu-
mutation Of money threatened to absorb the
life blood of business, when the money cannot
be applied to the payment of the public debt. as
heretofore this administration makes no propo
stion, suggests no expedient to reduce the sur
plus The President will not allow it to be ex
pended to improve our rivers and harbors. Car
Isle will not even allow a vote on the reduction
OF the tobacco tax Randall wants 1t taken of
of whisky used in the arts. Together they op
pose reduction of the sugar tax or the payment
of bounty for the production of domestic gu
gar. They cripple the national banks by refus
ing them the facilities to supply the void. ami
the result is we will have an extra session O
Congress to relieve the stringency of the none,
| market 1t would be hard to measure what GU
Democratic friends don't know about finance
| and currency.
$50. also, as to the education of the people
The Republican party is in favor of aiding tn
States in the education Of iiliterate children b.
| liberal appropriations of public money. This j
| considered an object Of the highest public pol
ICY for without intelligence no people can safel
be trusted with political power. This is es
pecially true to the South, where a large pop
ulation has been converted by the results of tn
war into citizens with political power. AS +
| these, at any rate there could be question
that it is the duty of Congress to provide for a
least the elements Of education. 1t SO happens tina
on account of the sparseness of population in tn
! South and the abolition of slavery, the proper
| ton of illiterates here is much greater than i
| the North, where no such conditions have existed
| and where the great mass of children hav
| received the elements of education at the ez
pense of tho State. and yet. Northern Reput
| licans have been willing, out of the commo
| treasury, TO pay to the Southern States q POI
| ton of this money two or three times create
| than to the same number of people in tn
| Northern States. In the last Congress the Ser